Finland’s ‘free cash’ experiment

Finland’s ‘free cash’ trial fails to boost employment

But scheme did leave participants happier and healthier

“Europe’s first national government-backed experiment in giving citizens free cash failed to encourage its participants to work more as organizers had hoped – but it did improve their well-being.

Under Finland’s two-year basic income trial, which ended a month ago, a random sample of 2,000 unemployed people aged 25 to 58 were paid a monthly €560 (£475), with no requirement to seek or accept employment. Any recipients who took a job continued to receive the same amount.”

https://www.theguardian.com/world/2019/feb/08/finland-free-cash-experiment-fails-to-boost-employment

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